Cohn's departure indicates Trump would proceed with the tariffs 0SHARES Share Tweet Email PHOTO:REUTERS WASHINGTON: Gary Cohn, the top economic adviser to US President Donald Trump and a voice for Wall Street in the White House, said on Tuesday he would resign, a move that came after he lost a fight over Trump’s plans for hefty steel and aluminium import tariffs. The departure of Cohn, the National Economic Council director, expected to be finalised in a few weeks, will blow a hole in Trump’s advisory team at a time when the economy is growing but stock markets are experiencing surges of volatility. Trump said in a tweet on Tuesday night he “will be making a decision soon” on replacing Cohn. Administration officials said Peter Navarro, who is director of the White House National Trade Council, and conservative commentator Larry Kudlow were the “top two candidates” for the job. White House officials said the … [Read more...] about Trump economic adviser Cohn quits after tariffs dispute
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US President Donald Trump presented a distorted picture of his tax plan this past week and claimed he was trying to keep his predecessor Barack Obama's health law insurance markets afloat even as he took steps that could well sink them.A look at his statements on a grab-bag of hot topics spanning the economy, Iran, health care and the way he treats his subordinates:Trump on Obama's health overhaul: "What we're doing is trying to keep it afloat, because it's failing." — Forbes interview, conducted 6 October and reported this past week.The facts: Days later, Trump pulled the plug on payments to insurers that are critical to making co-payments and deductibles more affordable in the subsidised individual insurance market.Barring a reversal by Congress, the courts or administration policy, the move probably will drive up costs substantially for many in the health exchanges, send insurers fleeing from the already troubled marketplace, or both. Trump makes no secret of his wish to … [Read more...] about Facts vs fiction: Donald Trump’s US tax plan is far from the biggest ever
DONALD Trump used two hands to sip from a tiny glass of water like a toddler during a speech - and was savagely mocked on social media.The US president used both hands to steady his drink while unveiling his new national security strategy in front of military service members in Washington yesterday.The 71-year-old's "Watergate" moment caused a storm on Twitter and Trump was branded "President Sippy Cup".Musician Holly O'Reilly wrote: "Can someone please explain to me why President (COUGHbabyhandsCOUGH) Trump needs two hands to drink a glass of water?"Another tweeted: "Trump drinks his water like a new vampire eats a small animal."Last month Trump was mocked for pausing a speech to the nation so he could chug water - after calling out a campaign rival for doing the same.The US President was giving a blow-by-blow account of his five-nation trip to Asia when he was apparently hit by a raging thirst.He reached to his lectern, only to find it empty, and needed help from others in the … [Read more...] about Donald Trump sparks Twitter meltdown after drinking glass of water with two hands like a child during speech
DONALD Trump has blasted ‘fake’ claims he watched prostitutes engage in ‘perverted sexual acts’ in a Russian hotel room as a “total political witch hunt”.American news giant CNN reports top US intelligence chiefs presented a two-page synopsis on the shocking claims to the President-elect last week. The dossier, which was reportedly obtained by a British spy, claims Trump watched the women have sex in the same bed where President Obama and First Lady Michelle Obama slept.But Republican firebrand Trump hit back at the allegations last night branding them “fake”.He posted: “FAKE NEWS — A TOTAL POLITICAL WITCH HUNT!”He later tweeted a link to a BuzzFeed story which described the story as “Unverifiable Trump-Russia Claims”, attaching the hashtag #FakeNews.Top Trump adviser Kellyanne Conway also slammed the claims during an interview on chat show Late Night with Seth Meyers.She then said: “I have to say … [Read more...] about Donald Trump lashes out at ‘fake’ claims of ‘perverted sex acts with prostitutes in Moscow hotel bed where Obamas previously slept’
PRESIDENT Donald Trump's controversial planned UK state visit has yet to take place.Nearly two million people signed a petition calling for his proposed visit to be downgraded and Downing Street have yet to confirm when the US President will visit Britain. Here's the background...Theresa May was the first foreign leader to visit the 45th President at the White House in January 2017 and just seven days after his inauguration she invited Trump on a return trip to Britain.Before he stepped down from the role, former Scotland Yard chief Sir Bernard Hogan-Howe let slip it had been pencilled in for June.But in February it was revealed that Trump’s visit had been delayed until October in a bid to avoid protests and MPs’ snubs.They agreed to postpone it until the autumn in a bid for the controversy of his attempted travel ban on citizens from seven Muslim countries to die down.But in June it was reported that the trip was being postponed "until people … [Read more...] about When will Donald Trump visit the UK, is it still a State Visit and what was the petition to ban him?
DONALD Trump has said Britain has “a lot of problems” and should “investigate” the ex MI6 spy who made lurid sex allegations about him.Christopher Steele compiled an unfounded 35-page report claiming Trump was open to blackmail after 'being secretly filmed' allegedly paying prostitutes to take part in romps in a Moscow hotel.In an interview with Michael Gove for the Times, the President-elect made it clear he expects the UK to take action over the affair.The Republican - who will be inaugurated on Thursday - hit out as Russia branded the Brit operative a 'charlatan'Trump said: “That guy is somebody that you should look at, because it was false.”Mr Trump added that “if this guy is a British guy you got a lot of problems”.Steele fled his Surrey home last week just before his name became public knowledge.Super wealthy Trump reacted furiously to the release of the documents, which contain lurid but … [Read more...] about Donald Trump demands UK investigate ex-MI6 spy Christopher Steele who wrote ‘dirty dossier’ alleging hooker romps
DONALD Trump is standing firm on his election pledge to build a massive wall on America’s border with Mexico – and somehow get his southern neighbour to pay for it.Designs have been revealed but with questions over funding and congressional support for the project, will Trump ever see the “big, beautiful wall” he promised his supporters?During his presidential campaign Trump promised supporters that he would take a hard stance on immigration and build a giant wall on the country’s southern border.He maintained Mexico would have to pay for it, saying he wanted to construct a barrier to keep out illegal migrants.The tycoon said he would build an “impenetrable, physical, tall, powerful, beautiful, southern border wall” between the US and Mexico.In controversial speeches he branded Mexicans “rapists” and “criminals” who were bringing problems into the United States.The policy proved popular with voters in some heartland … [Read more...] about Is Donald Trump building the wall, what will the US-Mexico border look like, how much will it cost and who will pay for it?
Sergey Lavrov defended Donald Trump's son on Wednesday and said he had learnt of his meeting with Natalia Veselnitskaya "from television." The media storm surrounding the meeting was an attempt "by serious people to make a mountain out of a molehill," the Kremlin's top diplomat said after meeting his Belgian counterpart, Didier Reynerds, in Brussels. "I was bewildered to find out that the Russian lawyer and Donald Trump's son are being blamed for meeting each other. I find that to be vicious. What could be the problem for anyone to meet with a lawyer?" he said. Previously, Donald Trump Jr said he met with Veselnitskaya because he was told by his contact Rob Goldstone she might have some damaging information on Hillary Clinton. The "high level and sensitive information" was part of "Russia and its government's support for Mr. Trump," Goldstone said in an email published by Donald Trump Jr himself. However, the president's son said he received no discriminating info and … [Read more...] about Sergey Lavrov ‘bewildered’ by anti-Trump accusations
Donald Trump's spokesman says the self-proclaimed billionaire will consider restarting a project to push an oil pipeline under a Native American tribe's water supply. "That's something we support construction of," Jason Miller, Trump's communications director, told reporters on Monday. Trump planned to meet with North Dakota Representative Kevin Cramer, a fellow Republican who criticized Sunday's decision by the US Army Corps of Engineers to deny the final permit for the pipeline. Cramer said the "unfortunate decision sends a very chilling signal to others who want to build infrastructure in this country." Last week, Trump's transition team met with North Dakota Senator John Hoeven, who also supports the project. "Mr. Trump expressed his support for the Dakota Access Pipeline, which has met or exceeded all environmental standards set forth by four states and the Army Corps of Engineers," Hoeven had said last week in a statement. Trump's 'top priority'? The Army Corps of Engineers … [Read more...] about Sioux worry Trump could push DAPL pipeline through
At midday on Friday, Donald Trump will cap an extraordinary and improbable run for the White House when he takes the reins from US President Barack Obama. "We're going to unify our country," Trump said in front of the Lincoln Memorial ahead of a fireworks display and following performances by Three Doors Down and Toby Keith. "We're going to do things that haven't been done for our country for many, many decades," he added. "It's going to change. I promise you." The onetime beauty pageant sponsor has pledged to expedite deportations, begin building a wall on the border with Mexico and cancel billions of dollars in US funding to UN climate change programs. Trump, who beat out 15 of his fellow Republicans for the nomination, also intends to dismantle the Affordable Care Act, which gave more than 20 million people access to health insurance. He has also suggested potentially banning Muslims from entering the United States. Trump will take the oath of office with 41 percent approval - the … [Read more...] about Protests as tense Americans prepare for Trump term